Statement From UofL Equipment Manager

Here's an update to the alleged extortion attempt against Cards coach Rick Pitino. The person making allegations against and allegedly trying to extort money from Coach Pitino is Karen Sypher the estranged wife of basketball equipment manager Tim Sypher. Early Sunday morning the University of Louisville released a statement from Tim Sypher.

Statement from Tim Sypher, University of Louisville men's basketball equipment manager:

"I am devastated by the bizarre allegations that my estranged wife is making against both Coach Pitino and myself. At this point, my primary concern is for my young daughter and four stepsons, both to the impact of their mother's actions on them, as well as the impact on Coach's family and the University. I love my children, and want to protect them. At the same time, I intend to defend the allegations vigorously and will have no additional comment at this time. "